Analysts Set Uxin Ltd (UXIN) Target Price at $8.15
Uxin Ltd (NASDAQ:UXIN) has received an average rating of “Hold” from the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $8.33.
UXIN has been the topic of several recent research reports. Zacks Investment Research upgraded Uxin from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research note on Friday, November 23rd. Goldman Sachs Group downgraded Uxin from a “buy” rating to a “neutral” rating and upped their price target for the stock from $9.10 to $9.30 in a research note on Friday, December 21st. JPMorgan Chase & Co. upgraded Uxin from a “neutral” rating to an “overweight” rating and cut their price target for the stock from $7.40 to $7.00 in a research note on Thursday, January 10th. ValuEngine downgraded Uxin from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Finally, Credit Suisse Group initiated coverage on Uxin in a research note on Tuesday, March 12th. They issued an “outperform” rating and a $7.70 price target on the stock.
Uxin stock opened at $3.70 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.65 and a current ratio of 1.65. Uxin has a twelve month low of $2.81 and a twelve month high of $10.49.
Uxin Limited, through its subsidiaries, operates an used car e-commerce platform in China. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services; and Uxin Auction, an application that helps business buyers to source vehicles through online auctions.
Read More: How to invest in blue-chip stocks
Receive News & Ratings for Uxin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uxin and related companies with MarketBeat.com's FREE daily email newsletter.